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The differences between relationship account managers and sales account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a relationship account manager and a sales account manager. Additionally, a relationship account manager has an average salary of $65,213, which is higher than the $58,630 average annual salary of a sales account manager.
The top three skills for a relationship account manager include account management, CRM and business development. The most important skills for a sales account manager are customer service, CRM, and customer satisfaction.
| Relationship Account Manager | Sales Account Manager | |
| Yearly salary | $65,213 | $58,630 |
| Hourly rate | $31.35 | $28.19 |
| Growth rate | 5% | 5% |
| Number of jobs | 149,358 | 163,697 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Relationship Account Managers help financial service organizations oversee sales and nourish their relationship with the assigned clients. They are assigned to clients depending on the service needs, product needs, industry, and geography. These professionals ensure the products or services perform to expectations by engaging with the assigned clients. They launch other groups' complementary products or services and recommend new services or products. Also, they ensure new accounts generate more sales revenue by contacting new potential clients.
The account sales manager is in charge of the retention of their customer relationship. They have to supervise the portfolio of existing clients, develop new business with them, and seek new sales opportunities. Account sales managers act as liaisons between the company and customer as well as build strong, long-lasting relationships by providing an improved customer experience. It is their responsibility to negotiate contracts and close deals to maximize sales profits. Also, they forecast track sales results and prepare reports on account status.
Relationship account managers and sales account managers have different pay scales, as shown below.
| Relationship Account Manager | Sales Account Manager | |
| Average salary | $65,213 | $58,630 |
| Salary range | Between $46,000 And $91,000 | Between $33,000 And $101,000 |
| Highest paying City | Richmond, CA | San Francisco, CA |
| Highest paying state | New York | Hawaii |
| Best paying company | Adobe | |
| Best paying industry | Finance | Technology |
There are a few differences between a relationship account manager and a sales account manager in terms of educational background:
| Relationship Account Manager | Sales Account Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between relationship account managers' and sales account managers' demographics:
| Relationship Account Manager | Sales Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.9% Female, 47.1% | Male, 63.4% Female, 36.6% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |